Targa Resources Corp. (TRGP)
| Market Cap | 51.70B +47.6% |
| Revenue (ttm) | 17.03B +3.9% |
| Net Income | 1.84B +46.6% |
| EPS | 8.49 +47.9% |
| Shares Out | 214.80M |
| PE Ratio | 28.35 |
| Forward PE | 23.87 |
| Dividend | $5.00 (2.08%) |
| Ex-Dividend Date | Apr 30, 2026 |
| Volume | 565,654 |
| Open | 238.94 |
| Previous Close | 239.91 |
| Day's Range | 236.89 - 240.81 |
| 52-Week Range | 144.14 - 253.87 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 257.29 (+6.9%) |
| Earnings Date | May 7, 2026 |
About TRGP
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, s... [Read more]
Financial Performance
In 2025, Targa Resources's revenue was $17.03 billion, an increase of 3.95% compared to the previous year's $16.38 billion. Earnings were $1.84 billion, an increase of 45.05%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for TRGP stock is "Strong Buy." The 12-month stock price target is $257.29, which is an increase of 6.90% from the latest price.
News
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast
HOUSTON, April 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash div...
Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million...
Targa Resources Corp. Announces Form 10-K Available
HOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the yea...
Targa Resources Earnings Call Transcript: Q4 2025
Record 2025 results driven by Permian growth and commercial success, with Adjusted EBITDA up 20% year-over-year. 2026 guidance points to continued double-digit growth, major project execution, and rob...
Targa Resources beats quarterly core profit estimates on boost in gas volumes
Pipeline operator Targa Resources beat Wall Street estimates for fourth-quarter adjusted core profit on Thursday, on the back of increased demand and higher transport volumes of natural gas and natura...
Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2025 Financial Results and Provides Outlook for Record 2026
HOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2025 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast
HOUSTON, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) today announced its quarterly dividend on common shares with respect to the fourth quarter of 2...
Targa Resources Corp. Completes Acquisition of Stakeholder Midstream
HOUSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has closed the previously announced acquisition of Stakeholder Midstrea...
Targa Resources to Acquire Stakeholder Midstream for $1.25 Billion
Targa Resources agreed to acquire Stakeholder Midstream, which provides natural gas gathering and processing services in the Permian Basin, for $1.25 billion in cash.
Targa Resources to acquire Stakeholder Midstream for $1.25 billion
Pipeline operator Targa Resources said on Monday it will acquire Stakeholder Midstream for $1.25 billion in cash.
Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion
HOUSTON, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today a definitive agreement under which a wholly-owned subsidiary of Targa will acq...
Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes
HOUSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million...
Targa Resources Earnings Call Transcript: Q3 2025
Record Q3 adjusted EBITDA and volumes position the company to reach the top end of 2025 guidance, driven by strong Permian growth and major project execution. Capital allocation remains balanced, with...
Targa Resources Corp. Reports Record Third Quarter 2025 Results and Announces Expectation for a 25% Increase to its 2026 Common Dividend
HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2025 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast
HOUSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $1.00 per...
Targa Resources Corp. Announces Permian Growth Projects and an Expansion of its Permian to Mont Belvieu NGL Pipeline Transportation System
HOUSTON, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or “the Company”) announced today new organic growth projects to support continuing NGL and natural gas producti...
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2024 is now available on the Company's webs...
Targa Resources Corp. Launches Non-Binding Open Season for Natural Gas Pipeline in the Delaware Basin
HOUSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the launch of a non-binding open season for its proposed Forza Pipeline Projec...
Targa Resources Earnings Call Transcript: Q2 2025
Q2 2025 saw record Permian and NGL volumes, 18% year-over-year adjusted EBITDA growth, and robust capital returns. Guidance for 2025 remains strong, with major projects ahead of schedule and a new $1 ...
Targa Resources Corp. Reports Second Quarter 2025 Financial Results
HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2025 results.
Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2025 Earnings Webcast
HOUSTON, July 10, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $1.00 per...
Trade Tracker: Kevin Simpson buys Coca-Cola & Cisco and sells Targa Resources
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.
Targa Resources Earnings Call Transcript: Q1 2025
Record Q1 Adjusted EBITDA rose 22% year-over-year, driven by strong Permian volumes and robust marketing. Capital returns accelerated with $214M in share repurchases and a 33% dividend hike, while gro...